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RUSSIA: US Planning New Sanctions on Tankers Carrying Russian Oil

RUSSIA
CEEMEAEM BulletRussiaBulletEmerging Market News
  • The Biden administration plans to impose more sanctions on tankers carrying Russian crude, Reuters reports citing people with knowledge of the matter. The administrarion is planning to target tankers that carry Russian oil sold above the West’s $60 per barrel price cap.
  • Russia’s defense ministry vowed unspecified “retaliatory measures” after Ukraine launched US-supplied ATACMS missiles at the border region of Belgorod on Friday, Bloomberg report. Ukraine’s actions were supported by Kyiv’s “Western curators,” Russia said.
  • Meanwhile, Bloomberg also report that Ukraine appeared to launch a fresh offensive Sunday in Russia’s border region of Kursk, where Kyiv’s forces have held territory for several months.
  • There are no major data releases scheduled for today, or for the entirety of the week.
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  • The Biden administration plans to impose more sanctions on tankers carrying Russian crude, Reuters reports citing people with knowledge of the matter. The administrarion is planning to target tankers that carry Russian oil sold above the West’s $60 per barrel price cap.
  • Russia’s defense ministry vowed unspecified “retaliatory measures” after Ukraine launched US-supplied ATACMS missiles at the border region of Belgorod on Friday, Bloomberg report. Ukraine’s actions were supported by Kyiv’s “Western curators,” Russia said.
  • Meanwhile, Bloomberg also report that Ukraine appeared to launch a fresh offensive Sunday in Russia’s border region of Kursk, where Kyiv’s forces have held territory for several months.
  • There are no major data releases scheduled for today, or for the entirety of the week.